What you want a card for when you don't know? And what are your montly expenses. Do you know you got to pay RM50 to the government yearly even if you don't use the card?

Seriously, if you do not know why you want a credit card, don't get one because you may have headaches when your card is cloned or used for fraudulent charges. Or worst still, you may spend beyond youe means.

Anyway, click here to read my artilce Into to CC 101

1. Annual Income: So far basic RM24K to RM30K (not include commision)

2. Free Lifetime Annual Fee: No

3. Card required for: List all your needs. Petrol and entertainment with customers and if can have some rebates in additional would be perfect

4. Existing credit cards if any: Nil

5. Preferred Bank or Considering CC from banks: Citibank,HSBC,OCBC,Public Bank

6. Others: I am just started to work and might want to use that for petrol,touch n go, lunch or dinner with customers and buy household products for the family.

7. Estimated Spending per month with the card: Less than RM1K to RM1.5K


Any advise?

For Petrol, I would recommend UOB One Card as you can earn 5% cash back at all petrol stations.

If you entertain a lot, check if they accept Amex, if they do, once your salary hit RM30K, apply for Maybankard 2 Card. Most night clubs in KL accept AMEX.

Hi,

I would like to enquiring you regarding the requirements for credit cards.

FYI, what if a person as a shareholders for a Sdn Bhd without income documents.

Does it applicable by providing the documents like eg. IC, company profile & bank statements?

Hope to hear from you soon.

Thanks.

Income can come in many forms and not necessary salary. Dividend are also considered income and taxable and should be reported.

1. Annual Income: RM48 to RM60K

2. Free Lifetime Annual Fee: A Must

3. Card required for: Petrol, Cash Back/Rebate Only, AirMiles, Overseas Transactions, Online purchases

4. Existing credit cards if any: HLB MTV, has been using for more than a year already.

5. Preferred Bank or Considering CC from banks:

6. Others: I am used to pay debt via interbank transfer, has account with CIMB, HLB and HSBC. Preferably cash back and rewards point, would want to use the point to pay off service tax.

7. Estimated Spending per month with the card: Less than RM1K, normally. sometimes my spend reaches 3k-5k a month.

I am looking to change because HLB implemented a new security feature which is not accepted by a number of merchants, for example Valve software as their site do not have options for the feature to take place. Hence no purchases can be made and as for benefits, the MTV card does not give as much as others do such as insurance or movie or dine-in

This post has been edited by ati radeon: Jul 11 2011, 11:58 AM

I want apply because use for fill petrol only. Most use on Shell RON95/97.

1. Annual Income: rm26400 per year

2. Free Lifetime Annual Fee: A must

3. Card required for: instant cash but pay monthly/petrol/online shopping

4. Existing credit cards if any: Nil.

5. Looking at CC from: Any.

6. Others: I failed to get a personal loan from Al-Rajhi and RHBeasy previous. Reason I dont have any commitment. I get my bike using shop loans, so bank can't detect. I need a cash 6k urgently. Can advise others way to settle my problem?

ok, for petrol, then get either OCBC Titanium as mentioned by chem or UOB One Card where you can get 5% cash rebate.

It is most unwise to withdraw cash using credit card as the interest rate is very high.

click here to read my article titled Credit Cards Are Cash Cow For Banks. Are YOu working for the Bank?.

Don't know what is your problem but one way is to get another job part time.

1. Annual Income: RM24K to RM30K

2. Free Lifetime Annual Fee: No.

3. Card required for: Petrol.

4. Existing credit cards if any: Nil.

5. Preferred Bank or Considering CC from banks: Any, except Maybank and CIMB.

6. Others: Would like to prioritize usage on petrol, preferably Shell.

7. Estimated Spending per month with the card: Less than RM1K.

greeting all

need some advise on choosing the right credit card for me.

Below is the details....


1. Annual Income: RM24K to RM30K

2. Free Lifetime Annual Fee: prefer the free fee. but acceptable annual fee is ok for me

3. Card required for: Petrol, Hotel, Shopping, Paying bills, etc

4. Existing credit cards if any: This is my first time

5. Preferred Bank or Considering CC from banks: Any

6. Others: I travels a lot.

7. Estimated Spending per month with the card: RM1K to RM5K


thanks in advance!

Both of you are looking into entry level cards and just your luck that UOB just revamp their One Card where you can get 5% cash rebate for petrol and 2% for groceries i.e. TESCO, GIANT etc. Go to UOB Thread to read more or click below

Click here to read my article about Revamp UOB One Card - It's A Pure Cash Back Card July 2011.about

However since both of you are new to credit card, you application may be rejected.

Franc, since you need at least RM5K credit limit. Bank Negara Ruling is that for people earning less than RM36K, they can only have credit cards issued by maximum two banks and the max credit limit is 2X your monthly salary per bank. So let's say if you monthly salary is RM2K, the maximum credit limit per bank is RM4K. So for your case you may need two cards. If you earn RM30K, get Maybankard 2 Cards on top of UOB One Card.

However, since you travel a lot, you have other options -

1. apply for American Express Charge Card where there is no fix credit limit but depending on your usage.
2. get a debit card, where at least you can withdraw cash for emergency while overseas and not subjected to interest charges.


Click here to read more on my article on BNM ruling for credit cards.

This post has been edited by Gen-X: Jul 12 2011, 05:59 PM

gen-x, my query has been left unanswered. could you enlighten me?

For cashback cc, do consider Maybankard 2 Gold/Plat AMEX, OCBC Titanium MC & UOB One Visa .

Sorry Bro missed you post

However please note that you got to choose if you want pure cash cash back or airmiles. Anyway with you spending only less than RM1K per month, pointless for you to go with airmiles card, your points may not be even enough to offset GST.

As ben83 mentioned, I agree with him in your case go for MBB 2, OCBC TMC and UOB 1 Card. However note than MBB Amex not accepted by most insurance company except Takaful. And as for online security, I got no idea what you talking about go ask at the relevant card threads and see other can assist you.

Click here to read my article on OCBC Titanuim MasterCard. And from there, go click on MBB 2 and UOB 1 Card links.

This post has been edited by Gen-X: Jul 13 2011, 07:17 AM

1. Annual Income: RM24K to RM30K

2. Free Lifetime Annual Fee: A Must

3. Card required for: Mainly for petrol and ACCA fee payment.

4. Existing credit cards if any: Nil.

5. Preferred Bank or Considering CC from banks: maybank, UOB, Hong leong (All nearby house so easier to make payments)

6. Others: Please be specific. Example: can't think of any for now...

7. Estimated Spending per month with the card: Less than RM1K


All your replies are highly appreciated..

UOB One Card.

Anyone knows best credit card for use overseas eg. Singapore? I'm assuming different banks got different exchange rates and have different rebates/benefits.

Which of the following cards are good for paying hotel, phone, internet, food, shopping, etc :-
Alliance platinum
Standard Chartered infinite
UOB platinum - rebates still applicable overseas?
HSBC visa signature - overseas got 5 points per ringgit = 2%?
OCBC titanium - rebates still applicable overseas?

1. Annual Income: RM24K to RM30K

2. Free Lifetime Annual Fee: A Must

3. Card required for: Online transaction(booking hotel) / petrol in the future

4. Existing credit cards if any: Nil because its 1st time.

5. Preferred Bank or Considering CC from banks: Maybank, CIMB, Ambank

6. Others: I just want cc to do online booking and maybe in the future use it for petrol because now only own a motorcycle so use cash only Any suggestion whether i must get a cc or have other option to do online booking?

7. Estimated Spending per month with the card: Less than RM1K

Thanks

For now UOB Platinum earns 5X UniRinggit in Singapore.

Click here to read my article on Overseas Transactions. I have a table showing transactions in SG.


Since it it not often you book hotel online, I would say go for a card that gives you free annual fee.

If you are booking hotels overseas, MBB cards are good since the conversion rate is the lowest. But MBB cards, minimum income requirement is RM30K p.a.

This post has been edited by Gen-X: Jul 13 2011, 03:08 PM